VIVO Defence Services Limited maintains an average payment time of 30 days, with 69% of invoices settled within the standard 30-day window. The 31-60 day bracket accounts for a notable 30% of payments, indicating a consistent secondary payment cycle rather than isolated delays. Only 1% of payments exceed 60 days, suggesting that while late payment is common, severe delays are rare and contained.
With 31% of payments classified as late, there is a meaningful and recurring reliability gap that suppliers should factor into cash flow planning. However, the near-absence of payments beyond 60 days (1%) suggests that delays are bounded and predictable, typically resolving within the 31-60 day range. This pattern points to a systematic, process-driven delay rather than financial distress, making payment behaviour relatively foreseeable despite the lateness rate.
VIVO Defence Services Limited presents a moderate payment risk profile, suitable for engagement but requiring active credit management given the 31% late payment rate. Suppliers should consider building a 15-day payment buffer into cash flow forecasts and setting net-30 invoice terms as a minimum to absorb the likelihood of settlement extending into the 31-60 day window. Establishing clear payment terms in contracts and monitoring individual invoice ageing will help mitigate the impact of the recurring late payment pattern.
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jul 2025 - 31 Dec 2025 | 27 Jan 2026 | 30 | 69% | 30% | 1% | 31% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days from receipt of valid Invoice. Valid invoice being Invoice with valid PO on face of invoice with goods & services receipted and not in dispute.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
30
(1) P2P Team return Invoices without valid PO to vendor to follow up with vivo team who tendered for services / goods. (2) P2P team contact vendor and Vivo PO raiser to receipt goods / services and provide proof of goods / services delivered. (3) Invoices in dispute are managed between Vivo PO requester and vendor the P2P are updated and monitor progress to resolution. (4) Regular supplier statement reconciliations are completed by P2P team and any differences investigated and resolved.
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
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Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
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Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
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Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
VIVO DEFENCE SERVICES LIMITED is a private limited company operating within the defence services sector. The company's name indicates a focus on delivering services specifically to the defence industry, serving clients that include military, government, and related organisations within the United Kingdom.
The company is registered in England and Wales under company number 11952167 and holds active status with Companies House. Incorporated on 17 April 2019, the business is headquartered in the North East of England, with its registered office located at First Floor, Neon Q10 Quorum Business Park, Benton Lane, Newcastle Upon Tyne, NE12 8BU.
Defence services companies of this type in the UK typically provide a range of specialist support functions to military and government clients, encompassing facilities management, infrastructure maintenance, and asset management services. These organisations operate within a highly regulated environment, adhering to strict compliance, security, and quality standards required by defence sector contracts.
As an active private limited company, VIVO DEFENCE SERVICES LIMITED operates within a sector that plays a critical role in supporting the operational readiness and maintenance of defence estates and assets across the United Kingdom.